Digital Payments

Digital payment is a way of payment which is made through digital modes. In digital payments, payer and payee both use digital modes to send and receive money. It is also called electronic payment.

Payments Innovations Are Helping Put Supply Chain Nightmares to Bed
Payments Innovations Are Helping Put Supply Chain Nightmares to Bed
October 03, 2024  |  B2B Payments

Supply chains underpin the global economy, and inefficiencies in payment processes have emerged as a barrier to growth, resilience and cost control. On Thursday (Oct....

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Thredd CEO: Unbundling of Banking Changes the Merchant Acquiring Game
Thredd CEO: Unbundling of Banking Changes the Merchant Acquiring Game
October 03, 2024  |  Payments Innovation

For decades, the “classic” four-party model dominated card payments — where the quartet was comprised of the cardholder, the merchant, the acquirer and an issuing...

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92% of Small Businesses in Latin America Accept Digital Payments
92% of Small Businesses in Latin America Accept Digital Payments
October 03, 2024  |  Digital Payments

As the digital payments landscape in Latin America rapidly evolves with nearly 600 million people generating close to $6 trillion in GDP, consumers are shifting...

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Amex and Boost Join Forces on Virtual Card Processing
Amex and Boost Join Forces on Virtual Card Processing
October 01, 2024  |  B2B Payments

American Express has teamed with Boost Payment Solutions to provide commercial virtual card processing services. The offering, open to U.S. merchants that accept American Express (Amex), provides access...

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Digital Wallets: New Report Bridges Gap Between Awareness and Usage
Digital Wallets: New Report Bridges Gap Between Awareness and Usage
October 01, 2024  |  Digital Payments

Consumers across five major markets — Brazil, France, Germany, the United Kingdom and the United States — are generally familiar and satisfied with the experience...

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Mastercard, Amazon Team to Digitize Payment Acceptance in MENA, S. Africa
Mastercard, Amazon Team to Digitize Payment Acceptance in MENA, S. Africa
September 30, 2024  |  Digital Payments

Mastercard and Amazon have teamed to digitize payment acceptance in Africa and the Middle East.  The partnership between Mastercard and Amazon Payment Services, announced Monday...

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Discover Global Network: Payments Are Foundation of Electric Vehicle Infrastructure
Discover Global Network: Payments Are Foundation of Electric Vehicle Infrastructure
September 30, 2024  |  Payments Innovation

Electric vehicles (EVs) represent a new paradigm of connected experience. The ongoing transformation in the automotive industry is more than just a transition from gasoline...

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Is API the Most Important 3-Letter Word in Global Banking Innovation?
Is API the Most Important 3-Letter Word in Global Banking Innovation?
September 30, 2024  |  Digital Banking

Today’s businesses exist and operate across a connected global landscape. Advances like instant payments and real-time data integration are becoming the norm, which puts pressure...

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Trinidad and Tobago Partners With UPI Developer NPCI to Develop Digital Payment Platform
Trinidad and Tobago Partners With UPI Developer NPCI to Develop Digital Payment Platform
September 27, 2024  |  Digital Payments

Trinidad and Tobago is working with a subsidiary of NPCI, the developer of India’s Unified Payments Interface (UPI), to implement a similar solution in the Caribbean nation....

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